Tag: user-generated content

You’re not the customer – you’re the product

Hot on the heels of a discussion I just had regarding [my] waning interest in certain social media services, Lifehacker points this out:

MetaFilter user blue_beetle accurately observed that “if you’re not paying for something, you’re not the customer; you’re the product being sold”. This sentiment doesn’t just apply to unhappy Digg users but to a significant portion of the online experience and many real life interactions.

I disagree with the part about real life interaction, which no semblance of online media richness can ever replace. But I’d say the rest of it is spot on, at least as it relates to intangible offerings.

Economics of Online Video

Cutting to the chase – it’s all the rage, and one tough business. Following up, Blodget and Co. look at online video cost structure.

And here’s more opinion regarding online video purveyors’ ability (or lack thereof) to reach critical mass.

Time Magazine doesn’t know jack

Time Magazine punted this year, and declared their “Person of the Year” was you. Yes, you. It was supposedly the year of user generated content – unfortunately, the magazine missed the boat. They forgot that all the user generated content sucks (Spamroll included) – everyone creating that content was too busy fighting viruses to producing anything of value.

Damn it, 2006 wasn’t the year of user generated content – it was was the Year of the Zombies!

Well, maybe Time did get it right; they just didn’t know it.

UPDATE: Even Microsoft gets it. Now, let’s see if they do something about it, since last time I checked Linux and OS X installs weren’t getting hijacked too often.

When old isn’t so “old” – and as for the new…

A couple of weeks back I commented that some of the “old” dot-com ideas that CNET shot down might not deserve the slamming they got. The premise was that some of the dot-com failures had merit in one way or another, and not to be surprised if some of the same business models rear their not-so-ugly heads again and make someone a lot of money.

Well, the October ’05 issue of Business 2.0 has an article entitled “Everything Old Is New Again” that suggests much the same thing.